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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: SBerglowe who wrote (96803)4/14/2000 1:44:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 108040
 
Thank you, SBerglowe, at least someone can sees the situation objectively.



To: SBerglowe who wrote (96803)4/14/2000 2:51:00 PM
From: SirRealist  Read Replies (1) | Respond to of 108040
 
I believe we will trade up next week, sharply. Whatever lows come will hit their lowest on Monday or Tuesday,and it will be late May before we come close again.

I do expect a tailing off, per usual, as we approach the next FOMC mtg. After another dip mid-June, we'll leave these low levels behind and work from 4000 and up for the rest of this year IMHO.

Without meaning any disrespect to you or any psychic, I remain convinced that the tech revolution is an international societal change that can only be compared to the Industrial Revolution in its scope. An absolute standard to measure tech companies by will not be gained, though the market inevitably will attempt to re-evaluate again and again.

We must evolve with the market, observe where the crowd is going and choose the sometimes predictable paths they will be on. There is no more apt description than 'diligence' to locate that path successfully.

But no-one can time every market move. The key is to quickly adjust - admit error, limit loss and move to the next successful trade. It can play hell with you at tax time (the wash rule) but it's easy to tolerate when you view the net results. Best of luck!

Kevin H.